Taxing personal capital gains in Australia: An alternative way forward

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Published on 01 Dec 15 by "AUSTRALIAN TAX FORUM" JOURNAL ARTICLE

This article proposes the abolition of the 50% capital gains tax (CGT) discount for personal taxpayers and its replacement with a non-cumulative annual tax-free threshold for the taxation of capital gains. This reform, it is argued, would considerably enhance the equity, efficiency and simplicity of the Australian CGT regime, as well as providing a positive revenue outcome for the Treasury.

Author profiles

Chris EVANS

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John Minas

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Youngdeok Lim

Youngdeok is a Senior Lecturer, UNSW Business School, UNSW Australia.
Current 1 October 2020

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Click here to expand/collapse more articles by Youngdeok Lim.

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Taxing personal capital gains in Australia: An alternative way forward

Author profiles

Chris EVANS

More by Chris EVANS

John Minas

More by John Minas

Youngdeok Lim

More by Youngdeok Lim

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